Facebook Cryptocurrency Could Be The First Consumer Digital Asset

According to ARK Invest reporting from the NYTimes, Facebook is going to launch a Facebook cryptocurrency in the next few months. Back in December 2017 I pondered this as a probable outcome in the evolution of digital assets, in light of all the money being made in crypto… Why Does Facebook Want A Cryptocurrency? With 1.5 billion users it seems that Facebook’s interest in a new “stablecoin” concept maybe will pursue the huge $500 billion per year remittances market to help people make payments to each other. Facebook’s WhatsApp product…

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